Iran deal includes $300 bil. fund, more than half of which already committed, source says
DUBAI — A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half th...
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A roadside billboard displaying portraits of Pakistan's Chief of Army Staff Field Marshal Asim Munir and Prime Minister Shehbaz Sharif, following a deal between the U.S. and Iran, in Islamabad, Pakistan, Tuesday. Retuers-YonhapDUBAI — A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters.The fund is designed to give both sides an economic incentive to conclude a final deal, said the source, who spoke on condition of anonymity because the plan has not yet been announced as Washington and Tehran prepare to sign on Friday.U.S.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Korea Times.